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RansomHouse extortion group claims AMD as its latest victim

The chip maker said it's investigating the alleged data breach.

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This crypto winter may be long, but builders remain bullish

Many of the top digital assets in the cryptocurrency market are down significantly, but some market participants are shrugging it off and focusing on...

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Formerly rich NFT buyers party through the pain

Welcome back to Chain Reaction. Last week, we talked about infinite pessimism in the crypto markets. This week, we’re talking about parties and...

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Hacker exploits Harmony blockchain bridge, loots $100M in crypto

Another day, another crypto bridge exploit.

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Solana launches web3-focused smartphone Saga to improve crypto-mobile relationship

The co-founder and CEO of Solana, Anatoly Yakovenko, had a Steve Jobs moment when he stood in front of an auditorium in New York City and announced...

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Cryptoys banks a16z funding to build NFTs for kids

The past several months haven’t been entirely kind to the NFT market — while transaction volume hasn’t stuttered too significantly,...

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Amazon extends its quantum efforts with a focus on networking

Amazon today announced a new effort in bringing quantum computing to its cloud — at least in the long term. The company today launched the AWS...

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Iran to cut electricity to authorized crypto miners: report

Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to...

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Bitcoin falls below $20,000 and Ethereum sinks past $1,000 as crypto market free fall continues

The crypto market suffered one of its most dramatic selloffs in years this week as the prices of top cryptocurrencies declined as much as 35%...

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Attack surface management platform RapidFort raises $8.5M seed round

RapidFort, a startup that helps developers reduce the potential attack surface of their applications by automatically removing unused software...

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A hacked Kaiser Permanente employee’s emails led to breach of 70,000 patient records

The health insurance giant wouldn't say how the employee's email account was breached.

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As Celsius accelerates the crypto sell-off, who pays the price?

Many market participants indicated Celsius may be a riskier firm than many originally believed it to be, with some pointing toward a lack of...

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Jay-Z and Jack Dorsey launched a Bitcoin academy in a public housing complex

Is billionaire-funded crypto education really what low-income people need?

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As DAOs continue to blossom, here’s how to keep yours from wilting

This past year has been one big growth spurt for DAOs (decentralized autonomous organizations) but not everyone in the space is convinced that...

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Behavioral cybersecurity platform CybSafe raises $28M Series B led by Evolution Equity Partners

Last year, UK cybersecurity startup CybSafe, a “behavioral security” platform, raised a $7.9 million in a Series A. This SaaS product with a...

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Meet the trans, anarchist founder who just landed $25M to reform how crypto is stored

Tux Pacific dropped out of college and taught themselves cryptography. Now, they've landed startup funding from a16z and other top VCs

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MongoDB puts a spotlight on its developer data platform

At its annual MongoDB World conference, MongoDB today announced a series of updates to its eponymous database, including the addition of querying...

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DOJ case against ex-OpenSea exec could label NFTs as securities, former SEC lawyer says

The case could determine whether NFTs are indeed securities — and if that label really matters for the future of the digital assets.

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Can Andreessen Horowitz prevent the next crypto winter?

Hey everyone, and welcome back to Chain Reaction. Last week, we talked about the rough road ahead for Coinbase. This week, we’re talking a bit...

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Crypto asset manager Babel Finance reaches $2B valuation

Despite recent swings in cryptocurrency values, many institutional investors appear undeterred. The growth of Babel Finance, which offers a suite of...

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Primitives wants to turn your crypto wallet into a social network

Primitives founder and former Snapchat engineer DJ Gabeau compared the digital wallet of the future to the modern cellphone

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Four-month-old Doppel is helping some of the biggest NFT projects spot scams

The web3 startup raised $5 million in seed funding led by FTX Ventures and counts Yuga Labs and Dapper Labs as its biggest customers

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IP and cybersecurity disputes are top legal concerns for tech companies

No industry is a stranger to litigation, but for the tech sector, it appears IP and patent disputes, followed by cybersecurity and data protection...

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Goldman Sachs co-leads $70M investment in Elwood Technologies

Despite continued volatility in the crypto markets, there still are plenty of funding rounds being announced by traditional finance players betting...

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Blockchain’s youngest billionaire roasts world’s biggest cryptocurrency

Sam Bankman-Fried, CEO and co-founder of crypto exchange FTX, thinks Bitcoin's proof-of-work system is inefficient, bad for climate

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Classiq raises additional funding for its quantum algorithm design tools

Tel Aviv-based Classiq, a startup that wants to make it easier for developers to build quantum algorithms and applications, today announced that it...

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Sunday Security launches a cybersecurity service for senior execs

Traditionally, cybersecurity has always focused on what can be hacked and not so much on who might be most at risk. Sunday Security, which is...

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MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy

The use of cryptocurrency in sub-Saharan Africa, particularly among its young people, cannot be overstated. Data from blockchain intelligence firm...

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